Mr. A.C. Mahajan, Chairman and Managing Director, Canara Bank has said that consolidation of banks is good in a way as it envisages healthier banks in the global scenario and banking market. He has also said that the Bank would open branches in overseas in cities like Frankfurt, Muscat, Tokyo, New York and Sao Paulo.
Source: http://www.business-standard.com/india/news/consolidationbanks-good-inway-canara-bank-cmd/78913/on
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